The band released three studio albums, but the singer joined another band named Midwest Kings and released a solo album titled Analog Heart. [207] On November 14, 2013, 72 store closures were announced,[208] with another 62 made on December 5. shaka wear graphic tees is candy digital publicly traded ellen lawson wife of ted lawson lesley cook net worth. Trc do Blockbuster Entertainment, Inc iu hnh, cng ty m rng ra quc t trong sut thp k 1990. Its shares dropped further, decreasing its net worth to approximately $4.6 billion towards the end of the decade. The store layout was similar to a regular American store with a Game Rush, but instead of games it offers electronics goods like computers and DVD players, groceries like candies and microwave popcorn, and even toys from Mattel and Hasbro's board games. On October 29, 2013, Blockbuster UK announced it was to go into administration for a second time. [192][193] By June 1996, 32 stores were in operation with a public aim for 150 by 1998. David Cook's fame is growing too as he continues releasing new albums. David won the American Idol seventh season and won millions of hearts. [88] On March 1, 2011, the U.S. Department of Justice filed a claim disclosing that Blockbuster did not have the funds to continue reorganizing and should liquidate. David Cook (Republican Party) is a member of the Arizona House of Representatives, representing District 7.He assumed office on January 9, 2023. Cook's estimated net worth as calculated by the . David Cook, the founder of Blockbuster established this store in 1985. [136] Older movies would be re-categorized as "Blockbuster Favorite" titles and placed in a different area of the store. At its height in 2002, Blockbuster UK operated out of over 800 stores. [188][189], In the late 2000s at its peak, Blockbuster Israel had 40 branches and more than 260 automated video rentals. John Bonhams Net Worth: Career, Lifestyle & Death, Dustin Lynchs Net Worth: Career & Lifestyle, Joni Mitchells Net Worth: Music Career & Legacy, Blue Springs South High School, Phi Sigma Kappa, Teen Choice Awards, The New Music Awards, Nashville Music Awards (2009, 2008). Cook was very much active in music during his high school days. H. Wayne Huizenga built from scratch three Fortune 500 companies: AutoNation, Waste Management and Blockbuster. El Salvador followed in 2010, and Argentina in 2011.[203]. David Cook, the founder of Blockbuster, developed a computerized system that made it easy and efficient for the company to manage stock and identify its customers' needs. [246], In November 2013, Dish Network said its DVD-by-mail service would shut down by mid-December. [95][96], On January 13, 2012, Dish CEO Joe Clayton announced that while Dish had planned to keep 90% of the stores in operation, meaning around 15,000 employees would remain employed, because of market factors "there are ones that aren't going to make it. Blockbuster obtained videos for little cost and kept 60% of the rental fee, paying the other 40% to the studio, and reporting rental information through the global media measurement and research company Rentrak. [51] Also that year, Warner Bros. offered Antioco an exclusive rental deal, seeing as DVDs were emerging as the new home video medium. [82] The stock was then traded on the OTCBB (over-the-counter bulletin board). david cook founder of blockbuster net worth. In 1996, Blockbuster Entertainment Inc. merged into a new Blockbuster Entertainment Corporation[7] and the retail stores, then called Blockbuster Video, were renamed Blockbuster. Since then there were several changes back and forth with regard to this policy; in March 2010 customers were allowed a limited number of in-store exchanges. The first campaign ended in 2003. Blockbuster Case Analysis - 3533 Words Essay. The company hired Jeff Stegenga to be its chief restructuring officer (CRO) in an effort to satisfy bondholder demands and recapitalize the company. [237], Blockbuster's US online operation started with around 10 warehouses; further expansions every year brought that number to 41, plus more than 1400 stores in the Blockbuster Online network. He has also been credited for the soundtrack to the reality television show So You Think You Can Dance. In an attempt to wipe out $1 billion of debt, Blockbuster filed for bankruptcy, and the company was delisted from the NYSE. Ritz Video was Europe's largest rental chain, with a 20% share of the United Kingdom video market, and annual sales of about $150 million. As of March 2023, David Cooks net worth is $5 million. It became a Blockbuster in 2000 and Harding thinks it'll stick around. Due to family matters, he had to cancel many tours in 2009 as his brother, who had been diagnosed with brain cancer for a long time, passed away. His debut single, The Time of My Life, reached the number three on Billboard Hot 100 as well as the number two on Billboard Canadian Hot 100. In a typical year, Cook earns around $700,000 from his various endeavors. [97], On October 4, 2012, Dish Network announced that it was scrapping plans to make Blockbuster into a Netflix competitor. Cook said, Cook said that the relationship with Caldwell was a nice break from the chaos. Such corrections were also sent to international stores such as those in Canada to prevent further lawsuits. [117][118][119] After the dissolution of numerous franchise-owned locations,[120] the Blockbuster Fan Page hosted an interactive map to track the remaining outlets. David Cook Net Worth. With this pricing scheme, rentals were once again limited to a certain number of days and accrued pay-per-day rates after the days allocated are exceeded. [231] In May 2012, Blockbuster UK partnered with IGN to launch a new Blockbuster VIP Gamer loyalty program.[232]. In 1986, Blockbuster's revenues were $8.1 million for a deficit net income of $2.9 million. It appropriated a similar colour scheme to Blockbuster and grew to a chain of 50 stores in smaller towns not serviced by a Blockbuster. [66] Blockbuster later settled the suit by agreeing to refunds, as well as promising to better explain the policy. The program was discontinued in 2006 with no grandfathering, but an in-store-only variant of it resurfaced in early 2008. Discovery Zone abruptly closed half of its locations in 1999 and sold thirteen others to the parent company of Chuck E. May 20, 2021; kate taylor jersey channel islands; someone accused me of scratching their car . This brought approximately 270 Record Bar, Tracks, Turtles and Rhythm and Views music stores and approximately 160 video retail superstores into the corporation. by | Oct 29, 2021 | 415 417 south 10th street philadelphia, pa | is black tip ammo legal | Oct 29, 2021 | 415 417 south 10th street philadelphia, pa | is black tip ammo legal david cook blockbuster founder net worth. 40 Year Old Sagittarius #29. GreenSky is founder David Zalik's fourth company and is valued at $3.6 billion by investors including Fifth Third Bancorp. Cook grew the business and brought it public before handing the reins to CEO, Wayne Huizenga who quickly grew it into a multi-billion dollar . His father Scott David is a billionaire who is the director of the famous online store named "E-bay" and his mother is a former Equestrian. [98] On January 16, 2013, Blockbuster UK entered into administration and Deloitte was appointed to run the business while trying to find a buyer while some of the stores remained open. [196][197] All remaining B-stores closed by July 2016. The OnlineXtra discs could be exchanged in store, but the non-OnlineXtra discs could not. In fact, he managed to beat David Archuleta in the finals. Blockbuster Case Analysis - 3533 Words Essay David Cook Gii th: 23 . david cook founder of blockbuster net worth. As Blockbuster founder David. Netflix is worth over $15 billion dollars . David Cook loves to share his earnings with the needy ones by donating to charity and fundraisers. [55], In mid-2000, the company partnered with Enron in an attempt to create a video-on-demand service. david cook founder of blockbuster net worth. [41] Unable to come up with a proper solution about how to face the growing threats to the traditional videostore, he made the decision to sell Blockbuster to Viacom and pull out. (Blockbuster Entertainment) (Brief Article)", "Buyer found for Blockbuster stores, say administrators", "Blockbuster's administrator will close 72 stores", "Blockbuster to close more stores as 427 more jobs go", "Blockbuster Video Reopens In London Well, For Two Days Anyway", "Service Update Introducing In-Store Exchange / Total Access", "Blockbuster Blog Service Update iPhone App / Mobile App", "Service Update Stores: Great Nights In Start with BLOCKBUSTER! Karl Cook source of income is equestrian. [213], In May 2004, Blockbuster also introduced an online subscription service. [citation needed], The original Blockbuster company, Blockbuster Video Inc., was merged into the parent company Blockbuster Entertainment Inc. which had earlier replaced the Blockbuster Entertainment Company. Lets have a look into David Cooks net worth in different currencies, including the cryptocurrency BitCoin. Households as Potential Customers, Blockbuster Plans to Capture Substantial Share of Online Rentals", "Blockbuster Launches National DVD and Game Trading Program", "Carl Icahn Wins Seat on Blockbuster's Board May 12, 2005 The New York Sun", "Blockbuster Bankruptcy: A Decade of Decline", "About Us - Vintage Stock / Movie Trading Co. - Music, Movies, Video Games and More! Monthly. Blockbuster stocked Blu-ray titles in almost 5,000 stores across the United States, Canada, the United Kingdom, Mexico, and Australia. [225] A "Top Ticket" feature was added in April 2011, allowing monthly subscription customers to rent an additional movie at no extra charge and to receive it before other movies they request. Where is the birthplace of David Cook? The Age of David Roland Cook is 41 years old. [39][40] Huizenga also considered buying a cable company, but this was unknown territory for Blockbuster and he decided not to take the risk. And just up the street, a specialty store is trying to carve out a niche", Spelling Entertainment Completes Sale of Shares to Blockbuster, "Blockbuster Completes Super Club Acquisition", Blockbuster's Spelling Finishes Buying Republic, "ENTREPRENEURS; WAYNE HUIZENGA'S GROWTH COMPLEX", "Viacom-Blockbuster merges colorful moguls", "THE MEDIA BUSINESS; Viacom Gets Help From Blockbuster", "REPUBLIC OF HUIZENGA CARVED OUT OF FLORIDA FOR GAMES", "This block party is for adults only: Blockbuster opens 1st indoor center", Blockbuster sets meeting on move Video rental chain preparing possible relocation to Dallas, Blockbuster to hire hundreds in Dallas office. [58], In 2002, Blockbuster acquired Movie Trading Company, a Dallas chain that buys, sells, and trades movies and games, to study potential business models for DVD and game trading. Moreover, the album also produced two more singles, Broken Heart and Heartbeat., To promote his first EP, Chromance, Cook released the lead single Gimme Heartbreak.. Blockbuster LLC, formerly known as Blockbuster Video,[5] is an American-based provider of home video and video game rental services. Unable to find a seller, the price was reduced to $1.399 million, and Cook returned to his other house located in Missouri. [215][216] Support for game reservations was added in November 2011. The company once had an Irish subsidiary, Xtravision, which did not operate under the Blockbuster brand name. [206], Blockbuster UK then traded as TS Operations, with only 264 branches retained. But by the mid-1980s the oil industry had . On March 17, 2010, Blockbuster issued a bankruptcy warning after continued drops in revenue threatened its ability to service its nearly $1 billion debt load. [248], In 2005, Blockbuster launched a marketing campaign describing changes in its late fees policy and offering "No Late Fees" on rentals. In July 1998, Blockbuster Australia launched into franchising with the conversion of the former Video Flicks franchise group in Queensland, and the former Movieland group in Western Australia six months later. Our site's highly regarded opinion predicts Blockbuster Movies's net worth at $9.03 million, that said, Blockbuster Movies's actual net worth is unverified. The guy has seen a life of dreams as being brought up by . [3] Blockbuster would often custom-tailor a store's inventory to its neighborhood, based on local demographics. The chain was financially stable with 49 corporately owned stores and one franchise until a lawsuit filed by Blockbuster LLC in 1994 forced the closure of all of the Megahit stores. [134][135] As one commentator complained, "Blockbuster was once an unstoppable giant whose franchises swept across the country putting mom and pop video stores out of business left and right by offering a larger selection of new releases, pricing them at a lower point due to the volume they worked in Gone were the fragmented, independently owned shops that were often unorganized treasure troves of VHS discoveries. He announced the death of his brother from the stage during the awards speech at the Race for Hope in Washington, D.C., in May 2009. . Blockbuster Japan faced heavy competition from Osaka-based video rental chain, Tsutaya, with its 817 outlets, but the company saw opportunity in the population having high VCR ownership levels (at around 75%), low satellite TV penetration (at around 27%), and well-ordered store layouts (unique for most local video stores). Fra butik til online streaming", "Xtra-vision killed by Christmas sales collapse, court told", "No sequel as final credits roll for Xtra-vision", "14 ; ", "They Don't Call It Blockbuster For Nothing", "Blockbuster Moving In on Japan's Video Market", "Examples of Failure for Market Entry into Japan", "Blockbuster desaparece en Mxico, lo sustituye The B-Store", "Farewell Blockbuster, here comes The B-Store", "Grupo Salinas pone fin a su tienda de pelculas The B Store", "Sounds, Blockbuster firm's survival bid a first", "Final credits: Dargaville's 'Blockbuster' DVD and video rental store Blue 2 Video is closing", "Blockbuster shuts down in Peru, piracy blamed", "Blockbuster Closing All Its Stores In US; What Will Happen To The Few Stores Left in Latin America? Additionally, online rental downloads of Universal Pictures in the United Kingdom remains exclusive to Blockbuster. Blockbuster, Inc. stata una societ di commercio statunitense con sede nella citt di Dallas, fondata nel 1985 da David Cook e fallita nel 2013. Cook fez o negcio crescer e o tornou pblico antes de passar a administrao para Joe Mitchell, CEO, que rapidamente transformou o negcio em uma corporao bilionria.Foi vendida para a Viacom em 1994 por US$ 8,4 bilhes. New Jersey filed a separate lawsuit and was not a party to the settlement. He opened the first Blockbuster store in Dallas in . In late 1998, Blockbuster launched a loyalty program called Blockbuster Rewards that allowed customers to earn free rentals, including one older title each month from the category of Blockbuster Favorites. The following month in August, Blockbuster acquired Movielink for $6.6 million, forecasting a shift to streaming video. [180] The new owners planned to gradually phase out game and movie sales and rental within 2016, but due to the fast changes in the market it happened almost immediately after the takeover, and seven of the stores, therefore, closed in 2015. [183], Rentals cost 3.50 to 4.50 and lasted for five nights, usually from Monday to Friday due to the postal service. "[131], On September 21, 2022, the Blockbuster Twitter account revealed the Blockbuster World Video Game Championship 3. [11][91] In April 2011, Dish Network told the U.S. Bankruptcy Court that it needed more time to negotiate with landlords in an effort to keep more than 600 Blockbuster stores open.[92]. He was replaced by Dennis McGill, formerly CFO of Safety-Kleen Systems, Inc. On September 23, 2010, Blockbuster filed for Chapter 11 bankruptcy protection due to challenging losses, $900 million in debt, and strong competition from Netflix, Redbox, and video on-demand services. $20 billion worth. Cook earned $11,000 from his album Digital Vein in 2015. [209] A week later, with no success in finding a buyer, it was announced by Moorfields Corporate Recovery that all remaining stores in the country would cease operation on December 16, 2013, with stock to be cleared the day before this. DEJ Deal to First Look. rocket and teresa administrative leave; 1997-2005: point to mostly unprofitable trend of BB . [81] Blockbuster paired up with Time Warner to have Warner Bros. movies made available in Blockbuster stores on the DVD release date and not be subject to a four-week delay. We have estimated David L. Cook's net worth, money, salary, income, and assets. In November 2001, Blockbuster announced that it would cancel the 2002 award show following concerns about viewership and celebrity attendance after the September 11 attacks.[140][141]. [230], 3D Blu-rays were added to Blockbuster UK in February 2012. Net Worth & Salary of David Cook in 2023. [121][122] The Bend, Oregon location became the last remaining Blockbuster in the world following the closure of the remaining Australian franchise-owned locations;[123][18][124][125][17] it serves as a tourist destination, housing Blockbuster memorabilia and Russell Crowe film props which John Oliver donated. A Brief History of Blockbuster. [60] Blockbuster also rolled out its "Game Rush" store-in-store concept to approximately 450 domestic company-operated stores. Eventually, Netflix triumphed over . [198], The chain also operated for many years in New Zealand,[199] but over the years lost customers to other retailers like United Video and Video Ezy, as well as the rise of streaming services. 596 Following. The 3-disc plan with unlimited exchanges was R$49.90/month. The estimated net worth of his is about around $26.8 Million US dollars (As of 2019). Karl Cook Networth. [49] Most of the workers at the Florida headquarters did not want to relocate, so Blockbuster planned to hire around 500 to 600 new employees for its Dallas headquarters. [32] In 1992, Blockbuster acquired the Sound Warehouse and Music Plus music retail chains and created Blockbuster Music. As of March 2023, David Cook has a net worth of $8 million, and he has earned all this through his musical career. The founder, David Cook, built a $6M warehouse in Garland, Texas that allowed the company to stock multiple . The journey of Blockbuster video started in 1985 under the company named Blockbuster Video Inc. Some stores even featured a full Wind "store-in-a-store" for postpaid activations and a larger selection of devices. david cook blockbuster founder net worth cscl star vessel flag autism and narcissism differences . Karl Cook Wiki Variety. Rising Days of Blockbuster Video. [126], In August 2020, the location was listed as an Airbnb rental for a 1990s-themed sleepover on three separate nights in September; each were limited to guests from the area in light of the COVID-19 pandemic. millionaire vs billionaire yacht meme; comparison of the 4 models on teacher effectiveness ppst. [228] The Blockbuster UK website was enhanced in September 2011. One Megahit Video, the sole franchise, survived and is still in operation in Newfoundland as a video store and collectible shop. Tuvo acceso al mercado cinematogrfico en 20 pases, aunque la mayora de sus tiendas forman parte del mundo empresarial . . Unlike Blockbuster's U.S. stores, each Japanese outlet only occupied about half the floor space at 5,000 square feet due to the country's more limited available real estate. [3] Following early success from the company's first stores, Cook built a $6-million warehouse in Garland, Texas, to help sustain and support future growth that allowed new stores to open quickly. [130] In activity related to the GameStop short squeeze of January 2021, the BB Liquidating stock surged, despite there being "no value for the common shareholders in the bankruptcy liquidation process, even under the most optimistic of scenarios. [70], On July 2, 2007, the company named James W. Keyes, former president and CEO of 7-Eleven, as the new chairman and CEO. Apple (AAPL) CEO Tim Cook has become a billionaire as he nears a decade at the helm of the world's most valuable company. Blockbuster brinda an el servicio de alquiler de videos en tienda fsica y online. [27] At that time, there were 19 stores, attracting Huizenga's associate John Melk's attention due to its efficiency, family-friendly no porn image and business model. David Cook lived in a 3,071 square feet house in Hollywood Hills that consisted of three bedrooms and three bathrooms. The History. As part of the transaction, Blockbuster GB rebranded the stores as Blockbuster. The business was sold to restructuring firm the Gordon Brothers Group on March 23, 2013. In their place were walls of new releases: hundreds of copies of a small handful of films. The following year, Dish Network bought the company . [23], The first Blockbuster store opened on October 19, 1985, in Dallas, Texas, with an inventory of 8,000 VHS and 2,000 Beta tapes. This service cost 2 per month, required an online subscription to a disc plan, and added two extra discs sent by mail. Thus customers had a choice to rent, wait, or buy the film on tape at the much higher manufacturer's suggested retail price targeted at other rental chains and film enthusiasts, which at that time ranged between $70$100 per title. [214] A "Click & Collect" service launched in September 2010 allowed the reservation of Blockbuster movies in store, but the store's regular rental fees applied until the company added in-store exchanges in May 2012. [83][84] Movie Gallery/Hollywood Video had filed for Chapter 7 bankruptcy liquidation earlier in 2010 for similar reasons.[85]. He is also the founder of the Steve Aoki Charitable Fund, which raises money for global . par | Juin 5, 2022 | how to help someone with autism get a job | Juin 5, 2022 | how to help someone with autism get a job [233] An announcement was then made by Deloitte that 160 UK stores would close. [212][failed verification][failed verification]. They put focus entirely on what was new rather than on discovering film history "[133], When a title was no longer a new release, each store would retain a few copies of it and typically sell off the rest as "previously viewed" for discounted prices. lesley cook net worth lesley cook net worth (No Ratings Yet) . [30] Nintendo ultimately lost the battle, which paved the way for future video game rental. [142][143] Apart from the license to use the Blockbuster brand name, Blockbuster Express kiosks are unrelated to Blockbuster LLC, its stores, its DVD-by-mail service, or its online streaming service. the one-time video entertainment giant opened its first store in Dallas, Texas. [93] On May 6, 2011, Keyes resigned as Blockbuster's CEO. He was born to Beth Foraker and Stanley Cook and grew up with two other siblings. David Cook Blockbuster. "[109] Keith Hoogland, owner of Family Video, attributed poor decision-making as a primary reason the company did not survive. Norman Quentin Cook, better known as Fatboy Slim, is an English musician, DJ, and record producer who helped to popularise the big beat genre in the 1990s. The program sparked investigations and charges of misrepresentation in 48 states and the District of Columbia: state attorneys general including Bill Lockyer of California, Greg Abbott of Texas, and Eliot Spitzer of New York argued that customers were being automatically charged the full purchase price of late rentals and a restocking fee for rentals returned after 30 days. Cook moved into a pop-driven sound with the release of his first EP, Chromance. David Cook founded Blockbuster in 1985 and was published one year after it was founded. Cooks song Time of My Life won the Song of the Year in the Nashville Music Awards. [191], In March 1991, Fujita Den Trading (which was the master franchise owner of McDonald's in Japan) and Blockbuster Inc entered into a joint venture to establish Japan's first Blockbuster Video stores. ", "Blockbuster nationwide DVD and game trading program", "Viewership uncertainty causes Blockbuster to cancel awards", "NCR Exploring 'Options' for Blockbuster Express Including Sale", "Wayback Machine: blockbusterexpress.com", "BLOCKBUSTER VIDEO GETS INTO THE GAME WITH GAME RUSH", "MEDIA; Showdown Begins in Movie-Rental Business; Blockbuster Tries a Remake (Published 2004)", "(PRN) Blockbuster Reaches Agreement to Sell Rhino Video Games to GameStop", "Gamerush is becoming part of the new Blockbuster", "From the Archives: Discovery Zone; a short-lived indoor play zone enjoyed by kids in the 1990s", "Discovery Zone Is Making A Comeback This Month! [12] Although corporate support for the brand ended, Dish retained a small number of franchise agreements, enabling some privately owned franchises to remain open. Blockbuster offered several online movie rental plans. David Cook, the founder of Blockbuster, developed a computerized system that made it easy and efficient for the company to manage stock and identify its customers' needs. Founder: David Cook: Defunct: September 23, 2010 () (original . Blockbuster used its location status to get instant coverage; it also promoted these stores by hosting video-game tournaments, special trade-in offers, and a more 'hip' look to the selection and staff. In 2011, nearly 10,000 Blockbuster Express kiosks were in operation. [222] Throughout the year 2011, Blockbuster UK announced several price cuts along with a new Blockbuster loyalty card program. $259. He previously owned a business that provided computer software services to the oil and gas . [200], In December 2002 the first Blockbuster store opened in Norway, and was followed by another store some months later in 2003, both located in Oslo. [204][205] By November 1991, Blockbuster UK converted 30 stores to its brand. In January 2007, Blockbuster sold Rhino Video Games to GameStop Corp.[148] According to the Blockbuster Twitter account, GameRush was to be part of the "new Blockbuster" in 2016[149] and even had its own Twitter profile, however the GameRush Twitter account has not been active since January 2017. At 13, David purchased a guitar and performed in musicals and choirs throughout his schooling. [240] Until July 26, 2007, Blockbuster offered and advertised unlimited free in-store exchanges of online rentals with all plans. [150] In 1995, Blockbuster bought more stock to take control of the company. [89] Dish Network had also expressed interest in bidding, as did Carl Icahn, despite calling Blockbuster "the worst investment I ever made". and three years later, in 1997, its worth was estimated to just $4.6 billion. [185] and re-employed 145 former KPS staff. diaries of conquistadors; ayesha curry rasta pasta recipe; best restaurants near roosevelt field mall; Supported devices now only included computers, Blu-ray players, select television sets, and cellular phones. Blockbuster streaming service is still active in Nordic Countries, offering both unlimited streaming and 48-hour rental of films online. Several Smart TVs have the Blockbuster app pre-installed out-of-the-box, and it is available on a variety of streaming devices such as Google's Chromecast. In the pilot program, Blockbuster offered selected titles for rental and sale in 250 stores. [8][9] The next year, its remaining 1,700 stores were bought by satellite television provider Dish Network,[10][11] and by 2014, the last 300 company-owned stores were closed. [187], In March 2010, Blockbuster announced that it intended to sell all operations in Europe. Significant loss of revenue occurred during the late 2000s, and the company filed for bankruptcy protection in 2010. On August 31, 2011, the liquidators announced the closure of the remaining 253 Canadian stores and shutting of the entire Canadian unit. Read About Joni Mitchells Net Worth: Music Career & Legacy, A Canadian-American actress, the infamous super-hot lifeguard Casey Jean Parker from the television series Baywatch Pamela, Read More Pamela Anderson Net Worth: Career & LifestyleContinue, An American actor, producer, and director Rob Lowes net worth is a staggering $100 million.
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